Soon-to-retire Informa CEO sells up
11th Sep 2013 16:26
Informa's out-going Chief Executive, Peter Rigby, has reduced his stake by 285,372 shares ahead of his retirement from the B2B business information and publishing group later this year. The shares were sold at 532.42p each, pocketing the director £1.5m. Rigby announced his plans for retirement on
Read moreWednesday broker round-up UPDATE
11th Sep 2013 08:14
Advanced Medical Solutions: Panmure Gordon moves target price from 90p to 102p and reiterates a buy recommendation. Amara Mining: Numis shifts target price from 40p to 45p retaining its buy recommendation. Anite: Numis cuts target price from 155p to 128p and downgrades to hold. Ashmore Group: Ban
Read moreMonday broker round-up UPDATE
9th Sep 2013 10:42
Associated British Foods: Panmure Gordon cuts target price from 2100p to 2075p, while leaving its buy recommendation unchanged. Investec places its target price (prev.: 1930p) under review keeping a hold recommendation. Aviva: Morgan Stanley increases target price from 403p to 445p and maintains an
Read moreWednesday broker round-up UPDATE
7th Aug 2013 08:57
Antofagasta: Canaccord Genuity ups target price from 1000p to 1035p leaving its buy recommendation unchanged. BBA Aviation: JP Morgan increases target price from 289p to 343p retaining an overweight rating. UBS moves target price from 250p to 280p and reiterates a neutral rating. Liberum Capital ra
Read moreInforma Chairman adds to personal stake
31st Jul 2013 16:13
Derek Mapp, the Non-Executive Chairman of Informa, raised his own personal stake in the company on the same day the publishing and events firm impressed the market with its interim results. Mapp, who has been Chairman since March 2008, on Tuesday bought 80,700 shares from Suffolk Life Annuities Lim
Read moreFTSE 250 movers: Int'l Personal Finance soars after record first half
30th Jul 2013 14:50
International Personal Finance saw shares surge on Tuesday after the Eastern Europe- and South America-focused home credit business reported a record first-half profit before tax of 42.3m pounds, up 35 per cent on last year. The company also pleased investors to return 60m pounds via a share buyback
Read moreInforma to offload corporate training businesses
19th Jul 2013 09:28
Informa said it had agreed to sell its five corporate training businesses to US private equity firm Providence Equity Partners for up to 180m dollars. The publishing and conferences group will receive $165m including $100m in cash which will initially be used to pay down debt. A further payment of
Read moreInforma's CEO steps down
10th Jul 2013 09:51
Informa's Chief Executive Officer (CEO) Peter Rigby is stepping down at the end of this year, the British business media group said on Wednesday. He will be replaced by Stephen Carter, currently a non-executive board director, on January 1st. Rigby has been CEO of the company since 1988 and first
Read moreWednesday broker round-up UPDATE
22nd May 2013 09:37
Afferro Mining: Panmure Gordon reduces target price from 279p to 100p, while keeping its buy recommendation. Amara Mining: Westhouse Securities cuts target price from 110p to 90p retaining a buy recommendation. Amlin: Westhouse Securities moves target price from 455p to 470p and upgrades to add.
Read moreTuesday broker round-up UPDATE
21st May 2013 07:12
Antofagasta: Canaccord Genuity reduces target price from 1065p to 1040p, while leaving its hold recommendation unchanged. Barratt Developments: Goldman Sachs takes target price from 351p to 371p maintaining a buy recommendation. Big Yellow Group: Investec increases target price from 370p to 430p a
Read moreTuesday tips round-up: Randgold Resources, Informa, Spirent Communications
23rd Apr 2013 14:02
Rangold Resources is different from many of its rivals. For example, it was not built through acquisitions, the grade of its gold reserves is actually improving and it has a strong balance sheet. Furthermore, while the price of gold may yet have further to fall quantitative easing and the devaluatio
Read moreLondon midday: Banks provide a lift as markets shrug off UK downgrade
22nd Apr 2013 11:20
Markets were making decent gains on Monday morning, shrugging off the news that Fitch had stripped the UK of it prized 'AAA' credit rating, as investors went bargain hunting following some heavy falls the week before. Despite trimming losses after a decent rebound on Friday, the FTSE 100 still fell
Read moreLondon open: Financials lead markets higher early on
22nd Apr 2013 08:16
Equities were making decent gains on Monday morning with financial stocks on the rise in London as markets attempted to claw their way back from heavy losses last week. The FTSE 100 fell a total of 97.8 points last week, losing 1.53% of its value, as concerns about global economic growth and a sell
Read moreInforma posts anticipated decline in Q1 revenue - UPDATE
22nd Apr 2013 07:01
Events group Informa has said trading in the first quarter was broadly as anticipated, with a mixed performance across the divisions resulting in an organic revenue decline of 3.6 per cent. The company blamed the heavy impact of the timing differences which occurred as a result of the early Easter
Read moreMonday broker round-up UPDATE
15th Apr 2013 09:50
African Barrick Gold: Citigroup cuts target price from 267p to 175p and keeps its sell recommendation. African Minerals: Goldman Sachs lowers target price from 420p to 410p keeping a buy recommendation. Citigroup moves target price from 440p to 430p and retains a buy recommendation. Anglo American
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